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The global infant formula market size was valued at USD 47.2 billion in 2024, with expectations to reach USD 126.5 billion by 2034, growing at a CAGR of 10.4%. High costs of products, regulatory complexities and preference for breastfeeding especially where public health campaigns are strong inhibit market growth. Also, consumer trust has been affected by fears over fake infant formulas witnessed in some markets.<br>
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Infant Formula Market Size to Reach USD 126.5 Bn by 2034 Global Market Insights Inc.
Overview of Infant Formula Market ➢ The infant formula market was valued at USD 47.2 billion in 2024 and is expected to grow at a CAGR of 10.3% between 2025 and 2034. ➢ This growth is largely driven by the increasing prevalence of premature births and the rising number of metabolic disorders in infants. Infant formula has gained widespread acceptance as a safe and effective alternative to breast milk, offering essential nutrients like vitamins, fats, and minerals to support infant development. ➢ At present, regulatory frameworks are increasingly strict, with agencies like the FDA, EFSA and CFDA emphasizing product safety, ingredient transparency and labeling compliance. Manufacturers have to adhere to high standards of quality in order to satisfy strict approval processes and post-market surveillance which guarantees both nutritional adequacy as well as consumer trust in infant formula products. Global Market Insights Inc.
Continue… ➢ Growing awareness of infant nutrition and higher global birth rates are also key contributors to the market's expansion. Trends such as the increasing popularity of organic and plant-based formulas reflect a shift toward healthier and more sustainable products as concerns over synthetic ingredients rise. ➢ Technological advancements in formula production and packaging are further enhancing product safety and convenience. Emerging markets, especially in the Asia-Pacific region, are witnessing rapid growth due to rising disposable incomes and evolving lifestyles. Meanwhile, stringent regulatory frameworks and quality standards continue to shape the industry landscape. ➢ The rise in the working female population and busy household routines has spurred demand for ready-to-use infant nutrition products. Parents increasingly seek convenient solutions to provide balanced nutrition for their children, driving the need for innovative formula options. However, strict regulations on infant food products may pose challenges for market participants. ➢ Notable participants in the infant formula market include Abbott Nutrition, Arla Food, Bellamy's Organic, BUBS Australia, Hero Group, Mead Johnson Nutrition, Nestle, Nutricia, Perrigo, The Kraft Heinz Company Global Market Insights Inc.
Browse Full Research Report On Infant Formula Market @ https://tinyurl.com/2xxcvvn6 Request for a sample of this research report @ https://tinyurl.com/2zf4uk6a Global Market Insights Inc.
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